Which refinancing option is right for you?
- Fixed-Rate Home Refinance Mortgage
Fixed-Rate Home Refinance Mortgage | Adjustable-Rate Home Refinance Mortgage | |
---|---|---|
The right fit if… | You want a stable monthly payment for the life of the loan and like the security of a fixed rate | You want to start with the lowest rate and monthly payments and have a budget that can handle a changing rate/payment |
Application Fees | None | None |
Terms | Traditional terms of 15, 20 or 30 years or flexible terms between 5 and 30 years | 5/6 and 7/6 ARMs with a low fixed interest rate for the first five or seven years, then rates adjust every six months |
Annual Percentage Rate (APR) | See current rates* | See current rates* |
Online/Mobile Application | Yes | Yes |
*The rate may vary depending on each individual’s credit history and underwriting factors. Loans are subject to credit approval. California properties only. Must qualify for USCCU membership, and membership fee may apply; please call (213) 821-7100 or visit www.USCcreditunion.org to confirm eligibility. Verification of income, assets, appraised value, hazard and, if applicable, flood insurance will be required. Payments will be higher with property taxes and insurance. All credit union loan programs, rates, terms and conditions are subject to change at any time without notice. Rates are subject to change daily.
Let’s Talk!
Give us a call at 213-821-7100, schedule an appointment, or fill out the form below and we’ll connect you with our team of mortgage specialists!
Pay less on the home you already own. Refinance today.
Make your mortgage payments affordable and get the financial flexibility you need.
Love this credit union! I never have any issues with fees and this place has so much to offer. I plan to try and get approved for a mortgage next!
Educational Resources
NMLS #448984